Delaware Aviation Museum Foundation
Delaware Aviation Museum Foundation shows inconsistent financial performance with recent deficit and fluctuating revenue.
EIN: 200742147 · Mardela Spgs, MD · NTEE: A54 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $253K |
| Total Expenses | $364K |
| Program Spending | 70% |
| Net Assets | $652K |
| Transparency Score | 70/100 |
Is Delaware Aviation Museum Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delaware Aviation Museum Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Delaware Aviation Museum Foundation
Delaware Aviation Museum Foundation (EIN: 200742147) is a nonprofit organization based in Mardela Spgs, MD, classified under NTEE code A54. The organization reported total revenue of $253K and total assets of $620K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Aviation Museum Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Aviation Museum Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $364K |
| Surplus / Deficit | $-142,868 |
| Total Assets | $741K |
| Total Liabilities | $89K |
| Net Assets | $652K |
| Operating Margin | -64.8% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 24.5 months |
Financial Health Grade: B
In 2023, Delaware Aviation Museum Foundation reported a deficit of $143K with expenses exceeding revenue, holds 24.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Delaware Aviation Museum Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.8% | -23.9% | -17.2% |
| 2022 | +67.5% | +57.5% | +30.9% |
| 2021 | -21.8% | +36.8% | +18.4% |
| 2020 | +155.4% | +15.2% | +223.4% |
| 2019 | +15.0% | +11.8% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Delaware Aviation Museum Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Delaware Aviation Museum Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is a positive sign for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Delaware Aviation Museum Foundation's IRS 990 filings:
- Significant deficit in 2023 (Expenses $363,512 vs. Revenue $220,644)
- Highly volatile revenue streams, with a sharp decline from $685,776 in 2022 to $220,644 in 2023
- Increasing liabilities from negligible amounts to $88,802 in 2023
Strengths
The following positive indicators were identified for Delaware Aviation Museum Foundation:
- Consistent 0% officer compensation across all reported periods, indicating efficient use of funds for executive pay.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
- Overall growth in assets from $178,460 in 2019 to $740,719 in 2023, indicating some capacity building.
Frequently Asked Questions about Delaware Aviation Museum Foundation
Is Delaware Aviation Museum Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Delaware Aviation Museum Foundation (EIN: 200742147) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Delaware Aviation Museum Foundation spend its money?
Delaware Aviation Museum Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Delaware Aviation Museum Foundation tax-deductible?
Delaware Aviation Museum Foundation is registered as a tax-exempt nonprofit (EIN: 200742147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Delaware Aviation Museum Foundation's spending goes to programs?
Delaware Aviation Museum Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Delaware Aviation Museum Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Delaware Aviation Museum Foundation is above average for NTEE category A54 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Delaware Aviation Museum Foundation located?
Delaware Aviation Museum Foundation is headquartered in Mardela Spgs, Maryland and files with the IRS under EIN 200742147. It is classified under NTEE code A54.
How many years of IRS 990 filings does Delaware Aviation Museum Foundation have?
Delaware Aviation Museum Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $253K in total revenue.
Why did expenses significantly exceed revenue in 2023?
In 2023, the organization reported expenses of $363,512 against revenue of $220,644, resulting in a deficit. This could be due to one-time capital expenditures, a temporary dip in fundraising, or strategic investments that are expected to yield future returns. Further analysis of the detailed 990 would be needed to understand the specific reasons.
What caused the large revenue fluctuation between 2022 ($685,776) and 2023 ($220,644)?
The substantial drop in revenue from $685,776 in 2022 to $220,644 in 2023 suggests a reliance on potentially volatile funding sources, such as large grants, specific events, or significant individual donations that did not recur. Understanding the nature of these revenue streams is crucial for assessing financial stability.
How does the organization manage its liabilities, which have increased in recent years?
Liabilities have increased from negligible amounts in earlier years to $88,802 in 2023. While not excessively high relative to assets ($740,719), understanding the nature of these liabilities (e.g., program-related payables, short-term debt) and the organization's strategy for managing them is important for long-term financial health.
Filing History
IRS 990 filing history for Delaware Aviation Museum Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Delaware Aviation Museum Foundation's revenue has grown by 206.1%, moving from $72K to $221K. Total assets increased by 5596.5% over the same period, from $13K to $741K. Total functional expenses rose by 451.2%, from $66K to $364K. In its most recent filing year (2023), Delaware Aviation Museum Foundation reported a deficit of $143K, with expenses exceeding revenue. The organization holds $89K in liabilities against $741K in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $652K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $364K | $741K | $89K | — | — |
| 2022 | $686K | $477K | $895K | $100K | — | View 990 |
| 2021 | $409K | $303K | $683K | $97K | — | View 990 |
| 2020 | $524K | $222K | $577K | $97K | — | — |
| 2019 | $205K | $192K | $178K | $473 | — | View 990 |
| 2018 | $178K | $172K | $165K | $0 | — | View 990 |
| 2017 | $131K | $140K | $159K | $471 | — | View 990 |
| 2016 | $160K | $162K | $168K | $0 | — | View 990 |
| 2015 | $124K | $97K | $169K | $0 | — | View 990 |
| 2014 | $202K | $94K | $142K | $0 | — | View 990 |
| 2013 | $105K | $82K | $34K | $0 | — | View 990 |
| 2012 | $75K | $77K | $12K | $0 | — | View 990 |
| 2011 | $72K | $66K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $364K, and assets of $741K (revenue -67.8% year-over-year).
- 2022: Revenue of $686K, expenses of $477K, and assets of $895K (revenue +67.5% year-over-year).
- 2021: Revenue of $409K, expenses of $303K, and assets of $683K (revenue -21.8% year-over-year).
- 2020: Revenue of $524K, expenses of $222K, and assets of $577K (revenue +155.4% year-over-year).
- 2019: Revenue of $205K, expenses of $192K, and assets of $178K (revenue +15.0% year-over-year).
- 2018: Revenue of $178K, expenses of $172K, and assets of $165K (revenue +36.1% year-over-year).
- 2017: Revenue of $131K, expenses of $140K, and assets of $159K (revenue -18.2% year-over-year).
- 2016: Revenue of $160K, expenses of $162K, and assets of $168K (revenue +28.9% year-over-year).
- 2015: Revenue of $124K, expenses of $97K, and assets of $169K (revenue -38.4% year-over-year).
- 2014: Revenue of $202K, expenses of $94K, and assets of $142K (revenue +92.5% year-over-year).
- 2013: Revenue of $105K, expenses of $82K, and assets of $34K (revenue +38.8% year-over-year).
- 2012: Revenue of $75K, expenses of $77K, and assets of $12K (revenue +4.7% year-over-year).
- 2011: Revenue of $72K, expenses of $66K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Aviation Museum Foundation:
Data Sources and Methodology
This transparency report for Delaware Aviation Museum Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.